Microsoft (MSFT) Hold $407
Earnings: $2.93 per share, vs. $2.78 per share expected, 33% Higher YoY
Revenue: $62.02 billion, vs. $61.12 billion expected, 18% Higher YoY.
CLOUD DOES WELL – Intelligent Cloud revenue $25.88Bn V 25.29Bn expected, 20% Higher YoY contains Azure cloud infrastructure, SQL Server, Windows Server, Nuance, GitHub and enterprise services. Within that segment, revenue from Azure and other cloud services grew 30%. Analysts polled by CNBC had expected 27.7% growth, and the StreetAccount consensus was 27.5%. The metric for the previous quarter was 29%.
This is impressive growth – but most of it is already in the current price.
I own Microsoft but haven’t had a chance to add Microsoft during this rally, and it’s already up 9% this year.
The guidance will be out during the earnings call starting at 5:30 and will update after the call.
2 replies on “Microsoft (MSFT) Hold at $407 – Impressive Earnings, Awaiting Guidance”
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